Orient Green Power Reports Robust Q1 FY26 Growth Amid Renewable Expansion

Orient Green Power Company has declared an impressive first-quarter growth for FY26, spotlighting a 39% income surge and over 400% increase in net profits. The renewable giant credits early wind season and strategic upgrades, alongside a planned solar project, for enhancing their financial standing and future prospects.

Chennai, India: Orient Green Power Company Limited, a prominent independent renewable energy producer, reported substantial growth in its first-quarter financial results for FY26, marking a significant milestone. The wind farm operator revealed a 38.56% surge in total income, reaching ₹93.17 crore.

The company's EBITDA witnessed an impressive 46.39% rise, culminating in ₹65.92 crore, with the margin expanding by 378 basis points to 70.75%. Net profit soared by a staggering 446.40% before discontinued operations, posting ₹28.85 crore, and pushing the net profit margin up to 30.96%.

Additionally, Orient Green Power entered an Engineering, Procurement, and Construction (EPC) contract for a 7MW solar power project in Tamil Nadu, as part of its strategic expansion. According to CEO Mr. T Shivaraman, early wind season and component upgrades boosted operating revenues by 40%, while declining finance costs contributed to a strong performance.

(With inputs from agencies.)